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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Long-Term Uptrend (+90) - GBPMUR is in a strong uptrend that is likely to continue. While GBPMUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
58.754569 59.483613 58.754569 58.970163 +0.215594
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term up The long-term trend has been UP since Nov 23rd, 2020 at 53.742802

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 59.073756

short term up The short-term trend has been UP since Oct 14th, 2021 at 58.694037

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.754569 59.483613 58.754569 58.970163 +0.215594
Prev. Close Volume Bid Ask Time
58.754569 2021-10-22 05:09:47
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